Located at 3399 Peachtree Road NE. close to GA-400 and Interstate 85, the 19-story office tower is directly connected to Buckhead’s Lenox Square Mall and JW Marriott Hotel. Completed in 1987, the 348,152-square-foot building has earned LEED Gold certification in the category Existing Building: Operations and Maintenance in 2014, and is also Energy Star certified. The property includes 840 above ground and subterranean parking spaces, as well as 12,000 square feet of retail space, a full-service café, fitness center, and 24/7 controlled access.

“Accessibility provided both by MARTA and GA-400, as well as the desirable amenities offered from Lenox Square Mall, have Buckhead Tower well-positioned to capitalize on continued leasing strength in the Buckhead submarket,” Coco said in prepared remarks.

According to Yardi Matrix data, Buckhead Tower is currently nearly 73 percent occupied by a long list of tenants including Mesa Capital Partners, Regus, Georgia Bankers Association, SecurAmerica, Cowen Group, the Consulate General of France and many others. Rent rates here vary between $31.50 and $33.50 per square foot annually.

Parmenter purchased the office tower in March 2012 for almost $60 million from Clarion Partners. The transaction was subject to a $41.5 acquisition loan held by Blackstone Group.